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Jan 25, 2021
1:03
:09
pm
LiveCoug
Intervention Needed
Some want to do 250/300 per kid monthly, if not it will be a tax credit in full
next year when you do your taxes for 2021
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LiveCoug
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LiveCoug
Joined
Aug 26, 2001
Last login
May 7, 2024
Total posts
112,436 (11,485 FO)
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Messages
Author
Time
So does Bidens child tax credit plan just give families between $3K and $3600
zerigke
1/25/21 12:37pm
It's per year and replaces the 2000 child tax credit
LiveCoug
1/25/21 12:39pm
Is it every year? We may need to rethink not having more kids.
cougaman
1/25/21 12:40pm
This year only for now. Dems want to make it more permanent however
LiveCoug
1/25/21 12:41pm
so do we get the money every month, but then no tax credit, or is it still
cougaman
1/25/21 12:53pm
Some want to do 250/300 per kid monthly, if not it will be a tax credit in full
LiveCoug
1/25/21 1:03pm
My kids are adults
Sea Chicken
1/25/21 12:39pm
Same here
85fan
1/25/21 1:14pm
Does it take place immediately or on our 2021 returns?
Jeff Spicoli
1/25/21 12:39pm
Has to be approved by Congress first
UNLVcougar
1/25/21 12:41pm
Any Biden move will be rubber stamped by the congress dems
Ojiisan
1/25/21 12:51pm
2021 returns if it passes. It is too late in the game to adjust retroactively.
Chester Copperpot
1/25/21 12:43pm
This only applies if you make less than $400,000/year right?
YIsForBrigham
1/25/21 12:41pm
Darn if that's the case I'm out.
pinolero
1/25/21 12:42pm
I guess all the newly GME rich CB folks will be excluded then.
BYUforlife
1/25/21 12:51pm
So TNT needs to have a kid?
TNT
1/25/21 12:42pm
Unfortunately, I don't think budding is a supported method of reproduction for humans
BeyondTheMark
1/25/21 12:49pm
What is someone without a job going to do with a tax credit?
cougaman
1/25/21 12:51pm
One step at a time, buddy. One step at a time.
DwigtA2RM
1/25/21 2:20pm
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